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Collaboration is key to any entrepreneurial pursuit. Yes,
entrepreneurs are loners and self-starters, but most successful
businesspeople will tell you they fostered their idea or company
with the help of the feedback and advice of their peers.

It is in the spirit of this collaboration that I'm so pleased to
announce Entrepreneur Media has invested in and is partnering
with AlleyNYC, one of America's most dynamic
shared-space working environments.

Take a walk through AlleyNYC’s offices and you will see American
entrepreneurship at its finest. Innovators turning their ideas
into sustainable businesses sit with one another, share ideas and
brainstorm. Companies there hire their first employees and make
the move from shared workstations up to offices. Eventually many
outgrow the space itself, making room for the next company to
invest in their own success and move up the chain.

Along the way, there are wins and losses. Companies fail, while
others are acquired or enjoy healthy rounds of venture-capital
funding. Through it all, these experiences are shared by all
the members of AlleyNYC’s community. Like the broader
entrepreneurial community, the professionals working alongside
one another at AlleyNYC are a family.

Entrepreneur Media is now a big part of that family. Through our
strategic relationship, Entrepreneur exclusively will be able to
tell the stories of the companies that use AlleyNYC to help grow
their businesses. We will share those experiences with you, our
audience, through digital media, video, print and books. You will
experience the highs and lows of the startup world, learning from
failures and celebrating in successes.

The startup community has always been the heart and soul of
Entrepreneur Media. Over more than three decades, we have
chronicled the booms and busts of Silicon Valley, the development
of areas like New York and Austin as technology hubs and the rise
of the Internet as a means to enrich our lives -- and a pathway
to create thousands of new businesses. Companies like Google and
eBay and Facebook started as ideas in the minds of risk-takers
and innovators. Now, with AlleyNYC, we can watch a new generation
of companies get off the ground, and give our audience a unique
view on the opportunities and challenges facing startups today.

We will also offer joint Entrepreneur-AlleyNYC events, bringing
the rich history of our organization to the exciting energy that
AlleyNYC has come to be known for. There will be opportunities
for exclusive face-to-face networking events melding the
communities of Entrepreneur Media and AlleyNYC.

Crucially, this investment allows us to fund AlleyNYC's
expanison, helping to give it the same global reach as
Entrepreneur.

Culturally, this investment and partnership is a perfect fit.
Jason Saltzman, AlleyNYC’s founder, has boundless energy and is
an entrepreneur in his own right. He has praised our company, our
employees and our audience by calling Entrepreneur the most
relevant publication out there today. Separately, we are powerful
brands in the startup community. Together, the sky’s the limit in
what we can accomplish.

Look for more information in the coming weeks about this
partnership. Entrepreneur Media has the best audience in news –
educated and driven, thinkers, dreamers, and doers. That’s you.
Now, with our investment in AlleyNYC, we can ensure we are
providing even better content and more opportunities to help you
grow your own businesses and contribute to the continued story of
the American Dream.